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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (11007)8/24/2001 12:04:24 PM
From: marginmike  Read Replies (3) of 209892
 
I still believe there is one more flush, The P/C is the only thing that is naging at me now. I wish it would come in a litlle. This a really tough call here, because if we move up its gonna be a BIG move as shorts close out and we could have that 5th wave up blowoff that we saw on the long term Dow chart. The VIX could be the false indicator that we all hear about before a bigg move. On the other hand before all big crashes we have that BIG short covering rally that makes everyone feel all cozy-ng-
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